Discussion in 'Forex Trading' started by Masterchanger, Feb 16, 2010.
BOT 200,000 USD USD.CAD Cash 1.0433 CAD IDEALPRO 12:43:32
Hate to break it to you - but as I see it.....big downside coming soon
my new bestest trading buddy Gcapman
This is just a technical base day trade not a position trade. I know I'm swimming upstream ......again ugghh
Since you mentioned it can you tell me about your analyis?
SLD 200,000 USD USD.CAD Cash 1.0438 CAD IDEALPRO 13:29:31
looking for possible short
SLD 200,000 USD USD.CAD Cash 1.044 CAD IDEALPRO 13:59:18
Was stopped out of previous trade now short
SLD 200,000 USD USD.CAD Cash 1.044 CAD IDEALPRO 15:09:58
Your stop losses are way too tight......IMO
Can I be your introducing broker pleassseeee?
a stop .0005 away...
It's so obvious you're leveraging way beyond your means. Let me guess 200:1... maybe 400:1?
Stop trading now. You will regret it otherwise.
I'de put a short of 200,000 on your account if I could. Now that sounds like a winner.
Thanks for your input, i'm looking for that.
I made a mistake in the the entry and stop placement.
expecting a resistance level to hold. I didn't need to risk 50-100
to test that hypothesis. I was too early in that entry and i'm still getting a feeling for forex. If my approach to trading these scenarios is not gonna work, I'll know without loosing thousands of dollars IMHO.
BTW, I'm only using 40:1 leverage.
risk aversion will be back by the end of the week.
CAD down 1.5 cents by week end.
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